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In March 2022, the EPFO lowered the interest rate of 8.10% for the fiscal year of 2021-22. On 30 August 2022, EPFO proposed to remove the restrictions on the wage ceiling and headcount to allow all formal workers and self-employed to enrol in its retirement saving schemes. [10]
Financial outlay in 2022 was ₹ 10,233 crore (equivalent to ₹ 110 billion or US$1.4 billion in 2023). [7] Grouped under the umbrella scheme "Saksham Anganwadi and POSHAN 2.0", it aims to reducing stunting, under-nutrition, anemia, and low birth weight. [22] [23] PM SVANidhi: CSS MoHUA: 2020 Urban Development
The rate of interest charged on loan taken by the subscriber of a PPF account on or after 12 December 2019 shall be 1% more than the prevailing interest on PPF. Public Provident Fund Scheme, 2019 has reduced the interest spread to 1 (one) percent from an earlier spread of 2 percent.
The entire 12% contribution of the employee goes towards the Employees’ Provident Fund Scheme (EPF), while from the employer's share of 12%, 3.67% goes to the Employees’ Provident Fund and 8.33% goes towards the Employees’ Pension Scheme (EPS) along with 1% contribution of the government while 0.5% contribution of the employer goes to the ...
An episode of extreme volatility in 2019, the last time the Fed was “normalizing” bank reserves, caused credit to temporarily seize up and interest rates to surge. It was enough to spark the ...
"The available credit is as high as ($6,935 for 2022) for a taxpayer whose income is below a certain threshold," he said. "Taxpayers who claim EIC and whose returns include a Schedule C business ...
The total number of subscribers as of March 31, 2022, was 5.2 crore, up 23% from a year ago. Total NPS assets under management stood at ₹7,36,000 crore as of March 31, 2022, up from ₹5,78,000 crore as on March 31, 2021 [44]
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